Secretary-General highlights role of industry in achieving a sustainable future

Although the planet is encountering formidable challenges ranging from inequality to rapid urbanization, this is a pivotal moment in world affairs, according to UN Secretary-General Ban Ki-moon.

Speaking in Lima, Peru, on Monday, Mr. Ban pointed out that with knowledge and technology continuing to advance, the planet also faces a wealth of opportunities.

The Secretary-General was addressing the General Conference of the UN Industrial Development Organization (UNIDO), an agency which promotes poverty reduction, inclusive globalization and environmental sustainability.

He said industry and the private sector in general will play an important part in steering humanity on a safer, more prosperous and sustainable path.

"The world cannot fully achieve our development goals without a close partnership with the industries that promote growth and jobs. We will not eradicate poverty without the industries that promote innovation and technology transfer. Industrial development can also be a powerful enabler, powerful engine, of social development by creating opportunities for women and young people."

High-level delegations from more than 170 countries are attending the conference, which will also highlight the need for new partnerships.